Unemployment

4.1%

0.5

Unemployment

8.8%

-0.5

CPI

3.2%

-0.2

CPI

1.3%

0.5

Unemployment

4.2%

0.3

CPI

287.9%

11.7

CPI

2.3%

-0.6

CPI

2.2%

-0.4

  1. Countries data: Demographic and economy

Country comparison Latvia vs Papua New Guinea

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International immigrant percent Latvia vs Papua New Guinea comparison
 
Gouvernement
Qu. GDP Per Capita [+]2023Q45,407K
Annual GDP [+]2023€40,348Mchart€30,013M2022Annual GDP [+]
Annual GDP [+]2023$43,628Mchart$31,604M2022Annual GDP [+]
GDP per capita [+]2023€21,440chart€2,5472022GDP per capita [+]
GDP per capita [+]2023$23,169chart$2,6822022GDP per capita [+]
Quarterly GDP [+]2023Q4€10,181M
Debt (M.€.) [+]202317,581chart14,4712022Debt (M.€.) [+]
Debt ($M) [+]202319,011chart15,2502022Debt ($M) [+]
Debt (%GDP) [+]202343.60%chart48.75%2022Debt (%GDP) [+]
Debt Per Capita [+]2023€9,337chart€1,2282022Debt Per Capita [+]
Debt Per Capita [+]2023$10,096chart$1,2942022Debt Per Capita [+]
Deficit (M.€) [+]2023-893chart-1,5782022Deficit (M.€) [+]
Deficit ($M) [+]2023-966chart-1,6632022Deficit ($M) [+]
Deficit (%GDP) [+]2023-2.20%chart-5.31%2022Deficit (%GDP) [+]
Expenditure (M.€) [+]202316,525.3chart6,574.92022Expenditure (M.€) [+]
Expenditure ($M) [+]202317,868.8chart6,929.12022Expenditure ($M) [+]
Education Expenditure (M.€) [+]20181,237.2chart382.62018Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20181,461.7chart452.02018Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]201811.15%chart9.23%2018Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20222,311,044,000.0chart375.02017Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20222,433,529,332.0chart423.52017Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20179.00%chart9.15%2017Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2022786.9chart99.92022Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2022843.9chart105.22022Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20225.16%chart1.55%2022Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202341.00%chart22.15%2022Expenditure (%GDP) [+]
Expenditure Per Capita [+]2023€8,776chart€5582022Expenditure Per Capita [+]
Expenditure Per Capita [+]2023$9,490chart$5882022Expenditure Per Capita [+]
Education Expenditure P.C [+]2018€642chart€452018Education Expenditure P.C [+]
Education Expenditure P.C [+]2018$756chart$542018Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2022€1,232chart€412017Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2022$1,297chart$462017Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2022€417chart€82022Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2022$450chart$92022Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3B211/10/2022Moody's Rating [+]
S&P Rating [+]12/06/2022A+B-06/03/2021S&P Rating [+]
Fitch Rating [+]04/10/2020A-B+03/13/2008Fitch Rating [+]
Corruption Index [+]202259chart302022Corruption Index [+]
Competitiveness Ranking [+]201941º
Fragile States Index [+]201844.9chart84.82018Fragile States Index [+]
RTI Raking [+]2022106º
Innovation Ranking [+]201834º
Labour
Unemployment Rate [+]February 20246.9%
Unemployment rate [+]2023Q46.8%
Unemployed [+]2023Q464K
NMW [+]2024$773.5chart$2,554.42022NMW [+]
NMW [+]2024€700.0chart€2,893.52022NMW [+]
Average Wage [+]2022$17,646
Average Wage [+]2022€16,758
Human Capital Ranking [+]201728º
Markets
0.247004/22/2024Euro / Kinas [+]
US Dollar exchange rate [+]04/23/20240.9369chart0.263404/22/2024US Dollar exchange rate [+]
Stock ExchangeYTD % [+]04/23/202413.83%
Prices
CPI (overall index) [+]March 20240.9%
HICP [+]March 20241.0%
PPI Year on Year [+]February 2024-13.1%
Money Market
Key rates [+]09/20/20234.50%chart2.00%02/01/2024Key rates [+]
Business
Doing Business [+]202019ºchart120º2020Doing Business [+]
IPI Year on Year [+]February 2024-0.2%
Passengers vehicles Year [+]December 202216,739
Annual Vehicles/ 1,000 p. [+]December 202211.20
Vehicles / 1,000 people [+]2021457.35
Taxes
Tax Revenue (%GDP) [+]202230.5%chart12.1%2021Tax Revenue (%GDP) [+]
Standard VAT [+]07/01/201221.00%chart10.00%01/01/2006Standard VAT [+]
Top tax rate + SSC [+]202231.4%chart42.0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]20191,934,800chart160,0002019Annual arrivals [+]
Exports [+]2023€20,940.4Mchart€11,131.4M2023Exports [+]
Exports [+]2023$22,446.0Mchart$12,036.4M2023Exports [+]
Exports % GDP [+]202351.90%chart45.33%2022Exports % GDP [+]
Imports [+]2023€25,161.3Mchart€2,791.9M2023Imports [+]
Imports [+]2023$27,114.4Mchart$3,018.8M2023Imports [+]
Imports % GDP [+]202362.36%chart16.76%2022Imports % GDP [+]
Trade balance [+]2023€-4,220.9Mchart€8,339.5M2023Trade balance [+]
Trade balance [+]2023$-4,668.4Mchart$9,017.5M2023Trade balance [+]
Trade balance % GDP [+]2023-10.46%chart28.58%2022Trade balance % GDP [+]
Retail Sales YoY [+]December 20232.4%
Socio-Demography
Global AgeWatch Ranking [+]201535º
Density [+]202229chart252021Density [+]
Global Peace Ranking [+]202327ºchart97º2023Global Peace Ranking [+]
Crude divorce rate [+]20222.90‰
Remittance received ($M) [+]20171,090.0chart2.92017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart0.35%2020% Immigrant [+]
% Emigrant [+]202020.07%chart0.05%2020% Emigrant [+]
Birth Rate [+]20228.50‰chart25.51‰2021Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart53.52017Remittance sent ($M) [+]
Crude death rate [+]202216.40‰chart6.68‰2021Crude death rate [+]
Fertility Rate [+]20221.47chart3.222021Fertility Rate [+]
Crude marriage rate [+]20226.30‰
% risk of poverty [+]202322.5%chart39.9%2009% risk of poverty [+]
Population [+]20221,883,008chart11,782,0002021Population [+]
Immigrant stock [+]2020239,422chart31,0682020Immigrant stock [+]
Emigrant stock [+]2020380,010chart4,8102020Emigrant stock [+]
HDI [+]20210.863chart0.5582021HDI [+]
Gender Gap Ranking [+]202313ºchart135º2021Gender Gap Ranking [+]
Life expectancy [+]202274.50chart65.352021Life expectancy [+]
Suicides [+]2021254chart7872015Suicides [+]
Suicide rate [+]202113.64chart9.942015Suicide rate [+]
Number of homicides [+]202267chart7132010Number of homicides [+]
Rate Homicides per 100.000 [+]20223.62chart9.402010Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20223.61chart0.522022CO2 Tons per capita [+]
322023Annual crude oil production [+]
159.72021Crude Oil Reserves [+]
Consumption GWh [+]20225,982chart4,5242022Consumption GWh [+]
Generation GWh [+]20224,045chart4,8432022Generation GWh [+]
Others
COVID-19 - Deaths [+]04/07/20247,465chart67004/07/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]04/07/2024977,701chart46,86404/07/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart321,19205/01/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]04/07/20243,964.40chart56.8704/07/2024COVID-19 - Deaths per million population [+]
Doses administered [+]07/11/20222,895,716chart737,69505/01/2023Doses administered [+]
Latvia
Papua New Guinea